The property will have approximately 147 rooms, or ‘cabins’ as they are known. As per typical YOTEL style, each cabin will have a signature space-saving adjustable SmartBed with Serta gel mattress, ensuite bathrooms with rain showers, mood lighting and HD TVs that can be connected to guests’ own devices.
«We are thrilled to launch our first hotel in Portugal in Porto, home to many of the largest Portuguese corporations and the gateway to the Douro Valley and the northern Portuguese regions. Having grown in double digits for three successive years, Porto’s hotel market has demonstrated its strength and aptitude to attract an increasingly-wide variety of demand. Strong economic growth, new airline routes and numerous international events are expected to continue delivering demand to Porto, driving higher rates and occupancy levels», says Hubert Viriot, CEO of YOTEL.
«As a tech-driven brand, YOTEL Porto will deliver extraordinary value and innovative design in a market dominated by traditional hotels, far off from modern travellers’ needs and expectation», Viriot adds.
The project came to fruition following investment from owner United Investments Portugal (UIP), a luxury real estate developer known for the creation of hotels and resorts across Portugal. «As a long-term strategic partner of YOTEL, we are delighted to bring such a pioneering hotel group to Porto. YOTEL’s innovative yet affordable luxury ethos perfectly matches demand in a city that seeks to continuously regenerate. YOTEL’s development innovative yet affordable luxury ethos perfectly matches demand in a city that seeks to continuously regenerate. YOTEL’s development here in the city will only contribute to the vibrancy and increasing popularity of Porto», commented Carlos Leal, General Director of UIP Portugal.
YOTEL Porto will be the first of many in the Iberian Peninsula as the group is actively looking for opportunities in this region, focusing on major cities like Lisbon, Madrid and Barcelona.
As with other YOTEL adaptive reuse and regeneration projects in San Francisco and Edinburgh, YOTEL Porto will introduce modernity and vibrancy by injecting new life into a vacant office space, thereby contributing to the overall transformation of the area. The project is currently in development stages and designed by Nuno Leónidas Architects (NLA).